Marketplace®

Daily business news and economic stories

The number of people seeking unemployment benefits is up for the first time since March

The rise in weekly jobless claims to 1.4 million underscores the outsize role the unemployment insurance system is playing as a safety net.

The Labor Department said Thursday that roughly 32 million people are receiving unemployment benefits.
The Labor Department said Thursday that roughly 32 million people are receiving unemployment benefits.
Mark Felix/AFP via Getty Images

The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, evidence of the deepening economic pain the outbreak is causing to the economy. The rise in weekly jobless claims to 1.4 million underscores the outsize role the unemployment insurance system is playing among the nation’s safety net programs — just when a $600 weekly federal aid payment for the jobless is set to expire at the end of this week.

All told, the Labor Department said Thursday that roughly 32 million people are receiving unemployment benefits.

Related Topics

Latest Episodes

View All Shows
  • Marketplace Morning Report
    an hour ago
    6:59
  • Marketplace Tech
    3 hours ago
    4:02
  • Marketplace
    15 hours ago
    25:23
  • Make Me Smart
    a day ago
    22:49
  • Million Bazillion
    a day ago
    32:45
  • This Is Uncomfortable
    3 months ago
    35:26